Famur to issue bonds worth PLN 108 mln

Mining machinery producer Famur has decided to issue 108,000 A series bonds worth in total PLN 108 million, the company announced. Each bond is valued at PLN 1,000. The company said that it is the first tranche of the bond issue program. Another tranches will be launched depending on the financial needs of the issuer. The bonds are maturing on December 31, 2017 Famur is a company specializing in the manufacture of underground mining equipment and machinery.